![[Valid Atom 1.0]](valid-atom.png "Validate my Atom 1.0 feed")
Rising fuel costs - USA - Have truckers singing the highway blues
Shreveport,LA,USA -Shreveport Times, by Anubhav Tagore -3 May 2006: -- The American Trucking Associations on April 25 revised the trucking industry's 2006 fuel costs, projecting an increase in the amount it will spend on fuel in 2006... ATA said the trucking industry will spend $94.3 billion on fuel this year, based on current fuel price forecasts. This marks a $6.6 billion increase over the $87.7 billion spent by trucking in 2005... Trucking companies have had to pass on some of the cost to their clients... The fuel surcharge is based on a matrix every trucking company sets up in-house... Trucking serves as a barometer of the U.S. economy because it represents nearly 70 percent of tonnage carried by all modes of domestic freight transportation, including manufactured and retail goods... ATA said fuel prices could increase further in 2006 because of the introduction of ultra low sulfur diesel, which is scheduled to hit the market midyear. ULSD costs more to refine and distribute than today's diesel fuel. This could place additional upward pressure on the price of diesel fuel... To alleviate future significant fuel price fluctuations, the trucking industry supports long-term strategies that would increase the diesel fuel supply. These include increased refining capacity, the use of biodiesel in blends up to 5 percent as part of the national diesel fuel standard and environmentally sound exploration of Alaska's Arctic National Wildlife Refuge... (Shane Bevel/The Times - Trucks line up at the pumps at Flying J Truck Stop in Greenwood. Fuels costs are higher than ever for truckers and trucking companies)
posted by Unknown @ 10:42 AM
0 Comments:
Post a Comment
<< Home